The most recent outbreak of Covid-19 in Victoria has seen the re-introduction of restrictions for businesses and individuals. The Victorian Government has announced some packages targeted at businesses most impacted and the Commonwealth Government has announced a temporary payment available for those living in greater Melbourne. The details of these support measures are outlined below:
The Federal Government has just announced a temporary COVID disaster payment that will be available to those living in greater Melbourne. The new disaster payment is available to those in greater Melbourne as the Federal Government has declared greater Melbourne a COVID-19 hot spot.
There are two tiers of the payment, they are as follows:
$500 for those who would ordinarily work more than 20 hours per week.
$325 for those who work fewer than 20 hours per week.
To be eligible for this payment you must satisfy the following:
You must be at least 17 years old.
You must be an Australian citizen, resident or visa holder who is permitted to work in Australia.
You must have been engaged in a paid work prior to the lockdown and are unable to earn income as a result of the lockdown.
You must live or work in a declared federal hotspot. Greater Melbourne being in a lockdown for more than seven days is currently listed as a Commonwealth hotspot.
You do not have to have used up all your annual leave, but must have ‘insufficient other entitlements’ such as pandemic sick leave.
You must have less than $10,000 in ‘liquid assets’.
Please note that if you are receiving other kinds of support payments from the Commonwealth, such as JobSeeker, you will not be eligible for this payment.
How to Apply:
Application will be opened on 8 June 2021 (Tuesday). If you are eligible, you can claim this payment via myGov or Centrelink. More information will be available soon in the Centrelink website.
Circuit Breaker Business Support Package
Due to the restrictions announced on 27 May 2021, the Victorian Government has announced a Circuit Breaker Business Support Package aimed to assist small to medium businesses impacted by the restrictions. This package includes a Business Costs Assistance Program and a Licensed Hospitality Venue Fund.
Business Costs Assistance Program Round two
To be eligible, businesses must:
be located within Victoria
operate in an eligible sector listed in the list of eligible ANZSIC classes for this program
have incurred direct costs because of the restrictions and cannot fully operate remotely
have an annual Victorian payroll of up to $10 million in 2019-20 on an ungrouped basis
have been registered for Goods and Services Tax (GST) on Thursday 27 May 2021
hold an Australian Business Number (ABN) and have held that ABN at Thursday 27 May 2021
be registered with the responsible Federal or State regulator.
Employing businesses must also:
be registered with WorkSafe Victoria
attest that the business is supporting its workers to access any paid leave entitlements, or that if a person can work from home, to work from home during the circuit breaker action, and supporting their casual workers, where possible.
The requirement to be registered for GST does not apply if you are a not-for-profit organisation that is not registered for GST and has an annual turnover between $75,000 and $150,000.
Eligible businesses will receive a one-off payment of $2,500 or $5,000.
The grant amount payable to an eligible business is determined by: